Quick facts
| Regulation | CIRO member · CIPF protection |
| Minimum deposit | C$100 |
| Spreads | From 0.8 pips (EUR/USD, typical) |
| Platforms | MT4, MT5, Web & mobile |
| Markets | 80+ currency pairs |
| Key strength | MT5 available |
| Best for | Best for MT4 & MT5 |
What we like
- MT5 and MT4 both fully supported
- Wide currency pair selection
- Backed by StoneX, a NASDAQ-listed group
- Good execution statistics published openly
What could be better
- C$100 minimum deposit
- Inactivity fee after 12 months without trading
Regulation & safety
FOREX.com Canada is authorized to serve Canadian residents as a member of the Canadian Investment Regulatory Organization — CIRO, the national regulator formed from the merger of IIROC and the MFDA. That means segregated client funds, ongoing capital requirements, FINTRAC anti-money-laundering compliance and coverage by the Canadian Investor Protection Fund (CIPF) within prescribed limits. Note that Canadian rules do not mandate negative balance protection, so disciplined stop-loss use matters. For Canadian traders CIRO membership is the baseline — we do not review or recommend offshore brokers that accept Canadians outside this framework.
Trading costs
Typical EUR/USD pricing starts at from 0.8 pips. As with every broker, costs vary by account type, pair and session — always confirm live pricing on a demo account before committing. Swap (overnight financing) rates matter more than spreads if you hold positions for days or weeks; check the broker's published swap schedule for the pairs you trade.
Platforms & tools
Available platforms: MT4, MT5, Web & mobile. If you run automated strategies or Expert Advisors, confirm MetaTrader support and hosting options before opening a live account. Charting, order types and mobile execution are covered in detail in our platform comparison.
Funding & withdrawals
CAD deposits are supported via standard Canadian rails (EFT/bank transfer, and in most cases card payments; Interac availability varies by broker). See our funding methods guide for the full breakdown, including typical withdrawal timelines.
Verdict
The strongest MetaTrader offering available to Canadians. If you run Expert Advisors or want MT5's depth-of-market tools, this is the benchmark broker. It earns 9.4/10 in our 2026 rankings, placing #2 of the five CIRO-regulated brokers we recommend to Canadian traders.